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Britain’s high street has endured a terrible year so far with several big companies entering administration and others seeking to slash the size of their store estates.

A growing list of retailers have announced major cutbacks and shop closures since the start of the year - most recently Debenhams has announced plans to close 50 of its under-performing stores putting 4,000 jobs at risk.

According to the Telegraph’s store closure tracker, which tracks closures from major retailers, an estimated 1,218 shops have been closed or earmarked for closure since January - potentially putting 24,859 jobs at risk.

A number of chains - including Mothercare, Carpetright - have opted to implement company voluntary...